St. Vincent Monitor Says $46M Claim Is Too High

Law360, New York (June 8, 2010, 12:33 PM EDT) -- A trust monitor in the bankruptcy of New York City hospital Saint Vincent Catholic Medical Centers has filed an adversary case against a lender, saying it filed a claim for more than $46 million plus interest even though both sides had agreed the hospital only owed $39.5 million.

Michael E. Katzenstein, monitor of the Saint Vincent MedMal trusts, filed his complaint against VIII SV5556 Lender LLC in the U.S. Bankruptcy Court for the Southern District of New York on Monday, seeking declaratory and injunctive relief with...
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